LTPD (Lot Tolerance Percent Defective)
Category: Quality
Also searched as: LTPD
Definition (plain English)
Lot Tolerance Percent Defective is a defect level used in acceptance sampling to represent a poor-quality lot that should rarely be accepted.
Why it matters commercially
LTPD sets the downside quality risk a buyer is willing to tolerate before goods are shipped, paid for, or released to customers.
Example
A private-label buyer tightened the LTPD assumption after a supplier shipped mixed-label cartons that passed a loose visual check but created retailer rejection risk.
Common mistake
Using LTPD as a technical acronym without agreeing defect severity, sample size, acceptance number, and whether the result blocks payment or shipment.
Use this in CommerceKit
Supplier Quotes
Use tool →